Fertilizer Mixtures Market Size, Share & Trends Analysis Report 2021-2027

Fertilizers are either organic or non-organic material that is in granular form or in liquid form and are used to stimulate growth of plants/crops. Three main ingredients in the fertilizers support growth of crops are nitrogen (N), potassium (K), and phosphorous (P). In fertilizer mixtures, one or two fertilizers are mixed together, which contain major elements such as K2O, N, and P2O5. They are also called mixed fertilizers. Fertilizer mixtures are classified as closed formula fertilizer mixture and open formula fertilizer mixture. Some fertilizer mixture also includes nitrate, phosphate, and diammonium hydrogen orthophosphate in it. Such fertilizers find applications in various crops including cotton, sugarcane, vegetables, fruits, and oilseeds.

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Global fertilizer mixtures market size is expected to witness significant growth over the forecast period (2019-2027), owing to increasing demand for food across the globe. Changing eating habits, increasing population, and growing health concern is expected to boost the demand for food, subsequently driving the market growth. Furthermore, farmers are looking to provide valuable nutrients to crops, essential for their growth and yield. In fact, fertilizers mixtures help to reduce the residual acidity of plants and enhance the crop yield, which is increasing the demand for fertilizer mixtures. Moreover, fertilizer mixtures are better for application as they have a better physical condition.

Market Taxonomy

On the basis of product type, the global fertilizer mixtures market has been segmented as:
Phosphorus fertilizer mixture
Potassium and phosphorus mixtures
Nitrogen fertilizer mixtures
Others (diammonium hydrogen orthophosphate, nitrate and phosphate fertilizer mixtures etc.)

On the basis of formula type, the global fertilizer mixtures market has been segmented as:
Open formula
Closed formula

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Some of the key players operating in global fertilizer mixtures market include Agrocan Corporation, Bicco Agro Products, Shiva Global Agro Industries Ltd, China BlueChemical Limited, Fertivale fertilizantes vale do Tiete ltda, Yara International ASA, Agrium, Inc., Hubei Yihua Chemical Industry Co., Anhui Liuguo Chemical Co., Ltd., Chambal Fertilisers and Chemicals Limited, EuroChem Agro GmbH, and Ballance Agri-Nutrients Ltd.

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